Been there done that on two cars...
My car with E7s (aftermarlet valve train though) and my dads 91 with GT40Ps, and a stock bottem end (stock cam as well).
Both cars saw weaker 60's times with this technique. My car I did it to try and go faster, and found it spun too much, but liked about 5000 on a decent track.
My dads car I did it before he got his two step in competition. I could cut much better lights (pro tree) not worrying about the launch and just slamming the car off the limiter. I used to have a video of me launching his car off the limiter, but not sure if its still on the comp.
The factory limiter compared to a two step can be a nerve racking place. The whole car goes into a violent shake until you drop the hammer! I think its fun, but some people might be scared of it!